More Help For 1st Time Home Owners
Struggling first-time home owners are being given another helping hand by the Government.
Wednesday, March 3rd 2004, 6:21AM
by The Landlord
He says that means no-deposit mortgages can now be approved for homes valued at $150,000 as opposed to the previous limit of $100,000.
The income threshold for one or two people in the same household has been increased from $50,000 to $55,000.
Mr Maharey says the housing market has changed dramatically in the past six months, and some people are finding it difficult to find a home for under $100,000.
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